| |
|
|
|
|
|
|
| |
|
ARVIND REMEDIES LIMITED |
|
| |
|
ARVIND REMEDIES LIMITED |
|
| |
|
Registered Office : 190, Poonamalle High Road,
Chennai - 600 084 |
|
| |
|
AUDITED FINANCIAL RESULTS |
|
| |
|
FOR THE YEAR ENDED MARCH 31, 2007 |
|
| |
|
|
(Rupees in Lakhs.) |
|
| |
|
|
Particulars |
Nine Months
ended 31.12.2006 |
Three months
ended 31.03.2007 |
Three months
ended 31.03.2006 |
Year ended
31.3.2007 |
Year ended
31.3.2006 |
|
|
| |
|
|
|
Unaudited |
Unaudited |
Unaudited |
Audited |
Audited |
|
|
| |
|
|
Gross Sales |
12,906.27 |
5,066.66 |
4,221.04 |
17,972.93 |
16,507.79 |
|
|
|
| |
|
|
Less: Excise Duty |
(1,612.12) |
(702.31) |
(563.41) |
(2,314.43) |
(2,117.19) |
|
|
|
| |
|
|
Net Sales |
11,294.15 |
4,364.35 |
3,657.63
|
15,658.50 |
14,390.60 |
|
|
|
| |
|
|
Other Income |
16.37 |
5.21 |
8.18 |
21.58 |
66.10 |
|
|
|
| |
|
|
Total Income |
11,310.52 |
4,369.56 |
3,665.81
|
15,680.08 |
14,456.70 |
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
Total expenditure : |
|
|
|
|
|
|
|
|
| |
|
|
a)
(Increase) / Decrease in Stock |
31.30 |
(331.98) |
356.96 |
(300.68) |
423.05 |
|
|
|
| |
|
|
b)
Materials Consumed |
9,471.37 |
4,176.26 |
3,027.27 |
13,647.63 |
12,012.64 |
|
|
| |
|
|
c)
Staff Cost |
249.97 |
90.45 |
63.19 |
340.42 |
293.97 |
|
|
| |
|
|
d)
Other expenditure |
465.10 |
153.03 |
37.53 |
618.13 |
597.78 |
|
|
| |
|
|
Total (a) to (d) |
10,217.74 |
4,087.76 |
3,484.95 |
14,305.50 |
13,327.44 |
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
Gross Profit before Interest &
Depreciation |
1,092.78 |
281.80
|
180.86 |
1,374.58 |
1,129.26 |
|
|
|
| |
|
|
Interest |
426.07 |
229.11 |
142.63 |
655.18 |
476.20 |
|
|
|
| |
|
|
Depreciation |
127.14 |
42.98 |
37.61 |
170.12 |
151.25 |
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
Profit before Tax |
539.57 |
9.71 |
0.62 |
549.28 |
501.81 |
|
|
|
| |
|
|
Provision for Taxation |
|
|
|
|
|
|
|
|
| |
|
|
Income tax - Current year |
63.00 |
17.00 |
11.00 |
80.00 |
90.00 |
|
|
|
| |
|
|
- Fringe Benefit Tax |
3.13 |
2.73 |
1.00 |
5.86 |
2.00 |
|
|
|
| |
|
|
- Earlier years |
0.12 |
(31.60) |
8.70 |
(31.48) |
18.57 |
|
|
|
| |
|
|
Deferred Tax |
41.02 |
15.11 |
111.48 |
56.13 |
84.13 |
|
|
|
| |
|
|
Wealth Tax |
- |
0.29 |
0.26 |
0.29 |
0.26 |
|
|
|
| |
|
|
Profit / (Loss) after Tax |
432.30 |
6.18 |
(131.82) |
438.48 |
306.85 |
|
|
|
| |
|
|
|
|
|
|
|
|
| |
|
|
Paid-up Equity Share Capital |
2600.50 |
2600.50 |
2600.50 |
2600.50 |
2600.50 |
|
|
|
| |
|
|
(face value Re. 1/- per Share) |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
Reserves excluding Revaluation Reserve |
- |
- |
- |
1,521.31 |
1,234.95 |
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
Basic and Diluted Earnings Per Share
(Rs.) |
0.17 |
0.01 |
(0.05) |
0.17 |
0.12 |
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
Aggregate of Non-Promoter Shareholding |
|
|
|
|
|
|
|
|
| |
|
|
Number of shares |
194205340 |
194205340 |
194205340 |
194205340 |
194205340 |
|
|
|
| |
|
|
Percentage of Shareholding |
74.68% |
74.68% |
74.68% |
74.68% |
74.68% |
|
|
|
| |
|
|
|
|
|
|
|
| |
|
|
Note : |
|
|
|
|
| |
|
|
1. The Company operates
only in one business segment namely
formulations. |
|
|
|
|
| |
|
|
2. Previous period's
figures have been regrouped / rearranged
wherever necessary to confirm to the current periods classification. |
|
|
|
| |
|
|
3. The Board of Directors
have recommended a dividend of 5% subject to the approval of members. |
|
|
|
|
| |
|
|
4.
The above results were reviewed by the audit committee and taken on record at
the meeting of the Board of Directors held on June 29, 2007. |
|
|
| |
|
|
5.
During the quarter 5 investor complaints were received and disposed off. There were no investor complaints pending
for the |
|
|
|
| |
|
|
redressal as at the commencement and end
of the quarter. |
|
|
|
|
| |
|
|
|
|
|
|
|
| |
|
|
Chennai - 600 084 |
|
|
For
ARVIND REMEDIES LTD. |
|
|
| |
|
|
Date: June 29, 2007 |
|
|
|
|
| |
|
|
|
|
|
|
|
| |
|
|
|
|
|
Dr. B Arvind Shah |
|
|
|
| |
|
|
|
|
|
CEO and Managing Director |
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|